What Does The Blackstone/Hilton Deal Mean For the Hospitality Industry?
<p>Announcing a deal that will further sharpen the fierce competition in the hotel industry, the seemingly insatiable Blackstone Group is set to acquire Hilton Hotels Corp. for more than $26 billion.</p>
"Like Blackstone's blockbuster Equity Office Properties acquisition earlier this year, this transaction will have profound repercussions on the sector it is tied to. But unlike that earlier deal, which seems to have prefigured a turning point in the fortunes of real estate stocks, this acquisition could mark another step in the still unfolding growth cycle of the hospitality industry..."
Thanks to Peter Slatin
Full Story:
Published on Thursday, July 5, 2007 in
Topics
- A City With Room for Everyone
- Comparing the World's Urban Tree Canopies
- Desert 5, Humans 0
- The Roots of Racial Transition
- An Investigation of Affordable Housing Failure on the Atlanta Beltline
- Report Predicts the End of Individual Car Ownership
- The Secrets of 'Place Making' Success
- Friday Friendly: More Houses Should Have Patios in the Front
- Road Funding By Taxes, Tolls, and Fees, Broken Down by State
- San Diego Activists Plan a Pedestrian Promenade and 'Nudillo'
- No Self-Driving Cars Without Hyper-Local Maps
- Planning for Water Scarcity in Colorado
- Coffee With Your Gentrification?
- Oregon Bike Tax Attracts Interest of Influential Colorado State Senator
- Here Today, Gone Tomorrow, Here the Day After That
- How Planners Can Liberate the Next Amazon
- Buying American Is Making Infrastructure More Expensive, Study Finds
- Lawrence Halprin and the Public Realm: Can the United Nations Plaza Unite San Franciscans?
- Permits for Single-Family Homes in Texas Once Again Outnumber Multifamily Permits
- London Releases Tunnels Map for Claustrophobic Tube Riders
